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Understanding Car Lease Residuals Perryville MO

Residual value estimates can be different, depending on who is doing the estimating. One dealer who uses a particular lease company may offer a significantly different residual value than another dealer who uses a different company, for exactly the same vehicle and same lease.

Enterprise Auto Rental
(816) 941-2500
400 Troost Ave
Kansas, City, MO
 
Enterprise Auto Rental
(314) 895-9904
23 Dunn Rd
Hazelwood, MO
 
Enterprise Auto Rental
(314) 862-4486
730 Bonhomme Avenue
Clayton, MO
 
Enterprise Auto Rental
(573) 256-8000
12 N Providence Rd
Columbia, MO
 
Enterprise Auto Rental
(314) 863-1129
00 Carondelet Plz
Clayton, MO
 
Hertz - Millionaire Aviation
(636) 300-0902
549 Bell Avenue
Chesterfield, MO
Hours
Mo-Fr 0700-1800, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
Located at the Spirit of St. Louis Airport. This location is for Private Flight only.

Enterprise Rent-A-Car
(573) 471-7300
1020 Linn St
Sikeston, MO

Data Provided by:
Hertz - Cape Girardeau Kingshighway HLE
(573) 339-7250
879 North Kingshighway
Cape Girardeau, MO
Hours
Mo-Fr 0730-1800, Sa 0900-1200, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Replacement Rentals When your car is in the shop for repairs.Insurance/Body Shop and Dealership/Service Center replacement rentals available at this location.for replacement rental reservations., Gold Counter Service , Pickup/Return Service:Available with a one hour advance notice and within 15 minutes from the Hertz Local Edition location. Contact the location to arrange for Pick Up service.
Additional Information
After Hours - After hour returns are allowed. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Floyds Carstar HLE
(660) 882-5950
16825 Highway 135
Boonville, MO
Hours
Mo-Fr 0800-1700, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Replacement Rentals When your car is in the shop for repairs.Insurance/Body Shop and Dealership/Service Center replacement rentals available at this location.for replacement rental reservations., Pickup/Return Service:Available with a one hour advance notice and within 15 minutes from the Hertz Local Edition location. Contact the location to arrange for Pick Up service.

National Car Rental
(816) 243-5770
Intl Arpt
Kansas City, MO
 
Data Provided by:

Understanding Car Lease Residuals

Residual value ("residuals"), in car leasing, refers to the estimated — repeat, estimated — value of a leased vehicle at the end of the scheduled lease period. The longer the lease, the lower the residual value, as compared to the original MSRP sticker price.

Residual values play a key part in the calculation of lease monthly payments since leases are based on the difference between residual value and negotiated selling price. The higher the residual, the lower the lease cost for a given selling price. See .

What are residuals?
Car lease residuals are a statement of the expected depreciation of a vehicle's value over the life of a lease. The value can be affected by a number of factors, including expected average annual mileage, number of months in the lease, make/model vehicle, resale history, predicted future supply and demand, rise/fall in gas prices, and anticipated future economic conditions. In short, lease residuals amount to nothing more than an educated guess.

Who sets car lease residual values?
Residual value estimates can be different, depending on who is doing the estimating. One dealer who uses a particular lease company may offer a significantly different residual value than another dealer who uses a different company, for exactly the same vehicle and same lease. It is often misunderstood by consumers that residuals are fixed for a particular vehicle make and model.

There are industry sources (ALG...

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